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V9 / 1 st  September 2006 / Page  Winning with the Best Harvard experience – views on Leadership Sanjay Razdan
Theme Days Specialized Topics Guest Speakers Leadership & Corp. Accountability Information Technology China Governance 360 Feedback Negotiation Taking Charge Faculty Speakers Series Participant Forums Advanced Management Program Source :  Harvard Business School  Executive  Action Strategy & Competitive Positioning Marketing Accounting Business, Government  & International Economy Corporate Finance Achieving  Profit Goals & Strategies Leadership Organizations & Renewal Strategy Formation Strategy Implementation Customer /  Product Markets Geo-Political Environments Capital Markets
Key Highlights ,[object Object],[object Object]
Leadership vs. Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The WINNING process is 75% Leadership & 25% Management but both are required to run a business in an Era of Change
Management and Leadership are Both Required to Run a Business + Management Leadership 0 ++ ++ +
High Leadership and High Management Can Be Created With Teamwork X = Managers / Executives T = How the group acts when fused as a team The WINNING process is 75% Leadership & 25% Management but both are required to run a business in an Era of Change Source : John Kotter  Harvard Business School Management Leadership 0 + ++ ++ + X X X X X X X X X X X X X X X X T
Leadership ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Intangible element of Leadership is Critical for  Sustainable Growth
Sources of Sustainability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],People are critical for Sustainable Growth Source :  Harvard Business School Research Data
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Case studies in Leadership Leadership requires Consistent Values, Passionate People And a Clear Vision & Strategy and
CREDO (Value Statement) …  We believe  our first responsibility is to  the doctors, nurses and patients, to mothers and fathers and all others  who use our products and services .  In meeting their needs everything we do must be of high quality. We must constantly strive to reduce our costs in order to maintain reasonable prices.  Customers’  orders must be serviced promptly and accurately…. We are responsible  to our employees , the men and women who work with us throughout the world.  Everyone must be considered as an individual.  We must respect their dignity and recognize their merit. .. We are responsible  to the communities  in which we live and work and to the world community as well.  We must be good citizens — support good works and charities and bear our fair share of taxes… Our final responsibility is  to our stockholders .  Business must make a sound profit.  We must experiment with new ideas…
Airline Performance 2002 Source : Mike Tushman  Harvard Business School   Cost per seat mile Revenue per seat mile Percent On-time Southwest      7.38      7.59 82.1% Usair 15.20 12.11 81.0% United 11.61   9.34 82.5% Continental 10.96   9.47 85.2% Delta 11.16   9.25 78.8% American 11.55   9.50 82.6% Northwest 10.71     9.47 79.6%
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Strategy Leadership Formal Organization ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Opportunity Gap Performance Gap Source : Mike Tushman  Harvard Business School   Key Success Factors People Culture ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Source : David Yoffie  Harvard Business   School
Wal-Mart Competitive Positioning The LCP and Low Priced Provider of discount merchandise and food worldwide (with emphasis in the US on rural and suburban locations) through aggressive cost management, superior logistic, HR and IT…. Source : David Yoffie  Harvard Business School
Passion for Performance
Back UP Slides ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Ambidextrous Organization TECHNOLOGY Source : Mike Tushman  Harvard Business School People Culture Key Success Factors Formal Organization People Culture Key Success Factors Formal Organization People Culture Key Success Factors Formal Organization MARKET Existing New Continuous Architectural Discontinuous Revolutionary  Change Revolutionary  Change Retention (Incremental Change) Variation (Discontinuous or Architectural Change)
An Effective Implementation of Strategy ,[object Object],[object Object],Staking Out the Territory Getting the Job Done Positioning for Tomorrow INTERNAL CONTROLS ,[object Object],[object Object],[object Object],[object Object],Core Values ,[object Object],[object Object],BELIEFS SYSTEMS BOUNDARY SYSTEMS DIAGNOSTIC CONTROL SYSTEMS INTERACTIVE CONTROL SYSTEMS Source : Robert Simons  Harvard Business School
CPS 2004/5 Span of Control Span of Accountability Narrow Wide Few Resources Many Resources Span of Influence Span of Support Interactions Within Unit Interactions Across Units Measures Allow Few Tradeoffs Measures Allow  Many Tradeoffs Strong Commitment Of Help From Others No Commitment Of Help From Others Source : Robert Simons  Harvard Business School Demand is higher than Resources
CPS 2006/7 Span of Control Span of Accountability Narrow Wide Few Resources Many Resources Span of Influence Span of Support Interactions Within Unit Interactions Across Units Measures Allow Few Tradeoffs Measures Allow  Many Tradeoffs Strong Commitment Of Help From Others No Commitment Of Help From Others Source : Robert Simons  Harvard Business School Demand matches Resources
CPS 2007/08 Span of Control Span of Accountability Narrow Wide Few Resources Many Resources Span of Influence Span of Support Interactions Within Unit Interactions Across Units Measures Allow Few Tradeoffs Measures Allow  Many Tradeoffs Strong Commitment Of Help From Others No Commitment Of Help From Others Source : Robert Simons  Harvard Business School Demand is slightly higher than Resources
Marketing Process Source : John Quelch  Harvard Business School
The Executive Compass Customer Definition Business Strategy Creative Tension Strategic Boundaries Systems Safeguards Strategic Uncertainties Shared Values Critical Performance Variables Commitment to Others Source : Robert Simons  Harvard Business School
Aligning & Directing Resources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Robert Simons Harvard Business School 2006
Safeguarding Assets & Investing For The Future ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Robert Simons Harvard Business School 2006 Source : Robert Simons  Harvard Business School

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Leadership & Management

  • 1. V9 / 1 st September 2006 / Page Winning with the Best Harvard experience – views on Leadership Sanjay Razdan
  • 2. Theme Days Specialized Topics Guest Speakers Leadership & Corp. Accountability Information Technology China Governance 360 Feedback Negotiation Taking Charge Faculty Speakers Series Participant Forums Advanced Management Program Source : Harvard Business School Executive Action Strategy & Competitive Positioning Marketing Accounting Business, Government & International Economy Corporate Finance Achieving Profit Goals & Strategies Leadership Organizations & Renewal Strategy Formation Strategy Implementation Customer / Product Markets Geo-Political Environments Capital Markets
  • 3.
  • 4.
  • 5. Management and Leadership are Both Required to Run a Business + Management Leadership 0 ++ ++ +
  • 6. High Leadership and High Management Can Be Created With Teamwork X = Managers / Executives T = How the group acts when fused as a team The WINNING process is 75% Leadership & 25% Management but both are required to run a business in an Era of Change Source : John Kotter Harvard Business School Management Leadership 0 + ++ ++ + X X X X X X X X X X X X X X X X T
  • 7.
  • 8.
  • 9.
  • 10. CREDO (Value Statement) … We believe our first responsibility is to the doctors, nurses and patients, to mothers and fathers and all others who use our products and services . In meeting their needs everything we do must be of high quality. We must constantly strive to reduce our costs in order to maintain reasonable prices. Customers’ orders must be serviced promptly and accurately…. We are responsible to our employees , the men and women who work with us throughout the world. Everyone must be considered as an individual. We must respect their dignity and recognize their merit. .. We are responsible to the communities in which we live and work and to the world community as well. We must be good citizens — support good works and charities and bear our fair share of taxes… Our final responsibility is to our stockholders . Business must make a sound profit. We must experiment with new ideas…
  • 11. Airline Performance 2002 Source : Mike Tushman Harvard Business School Cost per seat mile Revenue per seat mile Percent On-time Southwest 7.38 7.59 82.1% Usair 15.20 12.11 81.0% United 11.61 9.34 82.5% Continental 10.96 9.47 85.2% Delta 11.16 9.25 78.8% American 11.55 9.50 82.6% Northwest 10.71 9.47 79.6%
  • 12.
  • 13. Source : David Yoffie Harvard Business School
  • 14. Wal-Mart Competitive Positioning The LCP and Low Priced Provider of discount merchandise and food worldwide (with emphasis in the US on rural and suburban locations) through aggressive cost management, superior logistic, HR and IT…. Source : David Yoffie Harvard Business School
  • 16.
  • 17. Ambidextrous Organization TECHNOLOGY Source : Mike Tushman Harvard Business School People Culture Key Success Factors Formal Organization People Culture Key Success Factors Formal Organization People Culture Key Success Factors Formal Organization MARKET Existing New Continuous Architectural Discontinuous Revolutionary Change Revolutionary Change Retention (Incremental Change) Variation (Discontinuous or Architectural Change)
  • 18.
  • 19. CPS 2004/5 Span of Control Span of Accountability Narrow Wide Few Resources Many Resources Span of Influence Span of Support Interactions Within Unit Interactions Across Units Measures Allow Few Tradeoffs Measures Allow Many Tradeoffs Strong Commitment Of Help From Others No Commitment Of Help From Others Source : Robert Simons Harvard Business School Demand is higher than Resources
  • 20. CPS 2006/7 Span of Control Span of Accountability Narrow Wide Few Resources Many Resources Span of Influence Span of Support Interactions Within Unit Interactions Across Units Measures Allow Few Tradeoffs Measures Allow Many Tradeoffs Strong Commitment Of Help From Others No Commitment Of Help From Others Source : Robert Simons Harvard Business School Demand matches Resources
  • 21. CPS 2007/08 Span of Control Span of Accountability Narrow Wide Few Resources Many Resources Span of Influence Span of Support Interactions Within Unit Interactions Across Units Measures Allow Few Tradeoffs Measures Allow Many Tradeoffs Strong Commitment Of Help From Others No Commitment Of Help From Others Source : Robert Simons Harvard Business School Demand is slightly higher than Resources
  • 22. Marketing Process Source : John Quelch Harvard Business School
  • 23. The Executive Compass Customer Definition Business Strategy Creative Tension Strategic Boundaries Systems Safeguards Strategic Uncertainties Shared Values Critical Performance Variables Commitment to Others Source : Robert Simons Harvard Business School
  • 24.
  • 25.